Platform Highlight: Flexible Payment Options

You’ve likely heard the term cash is king when it comes to businesses managing their finances, but how does that actually translate into your everyday operations? At the end of the day, if you’re bringing in more money than you spend, you’re probably in great shape. But that doesn’t mean there aren’t ways to improve or manage your cash flow better.

When you’re managing travel for your work crew, you may have to consider the logistics of getting them to/from their worksites, finding suitable accommodations, reconciling costs, and often invoicing your accommodation costs to someone else and then waiting for them to pay you. And if you need to track the costs by associated projects or subcontractors, there might be a juggling act when it comes to funds in and out.

With LodgeLink, you have two options for setting up your payment. We can help you find, book, and manage your crew accommodations, and you can pay on account or via credit card. Both have their benefits, but this choice gives you the flexibility to decide what works best for your business.

PAYMENT OPTIONS	PROS	CONS
Credit Card	Simple account set up Earn credit card rewards/points No need to set LodgeLink up as a vendor	No tracking by project or cost tracking codes Manual reconciliation Concerns over maxed out credit limits
Applying for credit with LodgeLink	Tracking by project or cost tracking code Reduced administration / reconciliation Better manage cash flow	Additional application during account set up Internal payee set up required